Constellation president and CEO Rob Sands said the group’s pending deal to take full control of Crown would be “the most transformational acquisition in the history of our company.” The proposed acquisition—on which Constellation, acquisition partner Anheuser-Busch InBev and U.S. regulators are expected to come to final terms by April 23—would see Constellation pay a total of $4.75 billion, including $1.85 billion for the 50% of Crown it doesn’t own, and $2.9 billion for Modelo’s Piedras Negras brewery and perpetual rights to the Modelo brands in the U.S. market.